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US market today: Wall Street steady near record highs as GM warns of tariff pain, homebuilders rally on strong Q2

IndiaTimes Tuesday, 22 July 2025 ()
US stock markets showed mixed performance near record highs as investors digested earnings reports and trade policy signals. General Motors warned of a potential multi-billion dollar tariff hit, while homebuilders experienced a surge due to strong profits despite ongoing market challenges. Treasury yields remained stable amid expectations of future Federal Reserve rate cuts.
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